NCLT Hears IREDA's Insolvency Plea Against Gensol Engineering

The National Company Law Tribunal (NCLT) heard multiple applications in the insolvency case of Gensol Engineering filed by IREDA, issuing notices and setting timelines for replies.
The tribunal disposed of an application to take a periodic report on record and allowed the impleadment of a new respondent in the case.
The tribunal directed the parties to cooperate in the corporate insolvency resolution process and adjourned one application to a later date.